Paul May
VirtualLogix Names Paul May Chief Financial Officer
Real-time Virtualization Leader Welcomes Industry Veteran with More Than 30 Years of Financial Experience to Executive Team
SUNNYVALE, California — March 18, 2008 – VirtualLogix™, Inc., the Real-Time Virtualization™ company, today announced the appointment of Paul May as Chief Financial Officer (CFO). With more than 30 years of finance management and business development experience, May is responsible for VirtualLogix’s worldwide financial strategy and execution. May is reporting to VirtualLogix’s Chief Executive Officer, Peter Richards.
“VirtualLogix is bringing the benefits and capabilities of virtualization out of the data center and into the mobile world, and having leaders such as Paul on our team means our award-winning technology will reach more businesses and consumers,” said Peter Richards, CEO of VirtualLogix. “Paul’s experience in innovative industries, his strong financial track record and his extensive expertise will be invaluable in helping VirtualLogix continue to expand its global footprint.”
May joins VirtualLogix from ChemoCentryx Inc., a clinical-stage biopharmaceutical company focused on discovering and developing orally-administered medicines, where he served as a financial consultant. Prior to ChemoCentryx, May was the Director of Finance and Corporate Controller for Avidia Inc., a privately held biopharmaceutical company, which was acquired by Amgen Inc. in 2006. May holds a Bachelor of Science in Accounting from the New South Institute of Technology in Sydney Australia.
“This is truly an important time to join VirtualLogix, both with the Company’s strong market position and the business world’s growing interest in the emerging real-time virtualization space,” said May. “VirtualLogix has developed compelling and innovative technology that is at the forefront of this rapidly evolving market and has established itself as the clear leader through its software products, partnerships and impressive customer roster. I look forward to contributing to VirtualLogix’s success in bringing the emerging next wave of virtualization.”
About VirtualLogix
VirtualLogix™, Inc. is the global leader in Real-Time Virtualization™ technology for connected devices. VirtualLogix VLX enables multiple operating system environments to run concurrently on shared hardware and provides a range of performance, fault tolerance and security options to address specific market requirements. As a result, the world's largest semiconductor companies, manufacturers, OEMs and carriers are able to reduce development and bill of material costs, improve time to market by leveraging existing software investments, and create conditions that meet their business goals. With more than 20 years of experience developing system software for network infrastructure, digital multimedia and mobile handsets, VirtualLogix is paving the way for the development of next generation connected devices.
VirtualLogix, Inc. is headquartered in Sunnyvale, California with operations worldwide.
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